PSL, the country's largest pipe producer, will set up a 75,000 tonne per annum (tpa) mill in Jaipur. The new facility, entailing an investment of Rs 20 crore, will come up by the end of the calendar year. |
The company already has 12 pipe mills operating in the country. As man as 11 of them have 75,000 tpa capacity. The 12th and biggest mill, based in Kandla, has a capacity of 3,00,000 tpa. With setting up of the new mill, the company's total capacity will increase to almost 1.2 million tpa. |
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PSL manufactures and supplies spiral weld pipes for oil, gas and water transmission for onshore and offshore sectors. |
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The new mill in Rajasthan will come on time to service the 100 km Bisalpur-Jaipur pipeline project. The unit is also expected to support the company's operations in northern India. |
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The equipment for the plant will be sourced from PSL's own manufacturing unit in Daman. PSL already has plans to set up its first fully owned international manufacturing unit in West Asia by the end of this calendar year. West Asia is already a prime market for the company. |
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Among its other international operations, the Rs 1,500-crore company had earlier bagged a Rs 54 crore order from Kazakhstan's Ispat Karmet, a part of the Mittal Steel group, to set up a steel mill. |
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PSL today bagged an order worth $ 18.898 mn (Rs 85 crore) for supply of API Quality steel pipes which will be coated internally and externally, to Oman. The order, the company's fourth in the country, is to be completed within seven months. |
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"This order vindicates our decision to start its manufacturing operations in the lower Gulf region of the West Asia. It is a regular recurring market," said Ashok Punj, Managing Director, PSL. |
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PSL had doubled the earlier existing capacity of its pipes division with a capacity addition of four new pipe mills. Consequently, the aggregate pipe manufacturing capacity of PSL Limited now stands at 11, 00,000 MT per year, making the company, the largest capacity pipe manufacturer in the country. |
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PSL also manufactures spirally submerged arc welded pipes. The list of PSL's clientele includes ONGC, GAIL, HPCL, BPCL and IOC among others. |
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